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Upstream Midstream Downstream – What is the Difference?

Aresco

Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. What is oil and gas upstream midstream downstream? Downstream is the refining and processing phase, where crude oil is transformed into refined products and chemicals.

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Texas Supreme Court Holds that Add-Back Provision in Oil and Gas Lease Required Royalties to be Paid on Prices in Excess of the Producers’ Gross Proceeds

The Energy Law

Specifically, the lessors discovered that the lessees sold oil under contracts that calculated the sales price by taking an index price at market centers downstream from the point of sale and subtracting eighteen dollars per barrel for the purchaser’s anticipated post-sales costs. This became a point of contention with the lessors.

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How Does Blockchain Integration Impact Renewable Energy Procurement?

Navigate Power

Carbon credits are basically permits that allow the owner (often a corporation or manufacturing plant) to emit a certain amount of carbon dioxide and other greenhouse gasses into the air. Upstream: Companies that find and extract resources 2. Downstream: Companies companies, majors (large companies), and independents.

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